EE Times reports Elpida has been chosen as a strategic technology partner of Taiwan Memory Co. (TMC). The Taiwanese government is bailing out the island's struggling DRAM sector, DRAM makers including Nanya, Inotera, Powerchip, Rexchip, ProMOS and Windbond will be consolidated into TMC.
Details of the collaboration have yet to be finalized. As reported, the Taiwan government is bailing out the island's loss-ridden DRAM sector.
As part of the proposed plan, Taiwan will consolidate many of its DRAM makers and form a new company, dubbed Taiwan Memory Co. Taiwan's DRAM makers include Nanya, Inotera, Powerchip, Rexchip, ProMOS and Winbond.
The Taiwan government will own less than 50 percent of TMC. The entity was planning to form a partnership with either Elpida or Micron Technology Inc. John Hsuan, a former vice chairman at United Microelectronics Corp. (UMC), will led the new company.